Property Valuation
Plottage value in Mississippi is the increase in value resulting from:
AThe addition of improvements to land
BThe assemblage of two or more adjoining parcels under one ownership to create a larger, more valuable parcel✓ Correct
CThe subdivision of land into smaller lots
DThe rezoning of land to a higher use
Explanation
Plottage is the increment of value that results from combining (assembling) two or more adjacent parcels into one larger parcel. The combined parcel may have greater utility and value than the sum of the individual parcels.
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